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GoFintech Innovation Limited
(0290)
GoFintech Innovation Limited (0290) vs. iShares MSCI Hong Kong ETF (EWH)
GoFintech Innovation Limited Business Overview & Revenue Model
GoFintech Innovation Limited Financial Statement Overview
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.87B | 863.40M | 45.98M | 24.38M | 57.48M | 156.87M |
| Gross Profit | 75.42M | 37.59M | -1.74M | 18.37M | 22.91M | 130.50M |
| EBITDA | 188.46M | 10.14M | -26.75M | -49.83M | -40.63M | 41.42M |
| Net Income | 215.24M | -2.52M | -30.68M | -58.85M | -79.31M | -13.49M |
Balance Sheet | ||||||
| Total Assets | 6.73B | 4.61B | 1.09B | 475.76M | 604.61M | 955.44M |
| Cash, Cash Equivalents and Short-Term Investments | 860.41M | 392.80M | 462.76M | 183.21M | 195.81M | 363.86M |
| Total Debt | 727.56M | 430.56M | 23.98M | 36.78M | 175.60M | 333.10M |
| Total Liabilities | 2.31B | 686.47M | 305.35M | 179.29M | 356.75M | 631.14M |
| Stockholders Equity | 4.42B | 3.93B | 786.84M | 296.47M | 247.86M | 324.31M |
Cash Flow | ||||||
| Free Cash Flow | -337.55M | -133.46M | -121.72M | 17.25M | -101.49M | -1.75M |
| Operating Cash Flow | -337.55M | -92.99M | -121.72M | 17.25M | -101.36M | 3.10M |
| Investing Cash Flow | -1.71B | -753.66M | -188.57M | -75.51M | 1.09M | -4.86M |
| Financing Cash Flow | 1.98B | 649.13M | 489.73M | -25.21M | -158.84M | -191.65M |
GoFintech Innovation Limited Technical Analysis
GoFintech Innovation Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | HK$1.68B | 7.06 | 2.32% | 2.11% | 20.05% | 16.56% | |
50 Neutral | HK$712.62M | -18.77 | -499.08% | ― | 191.15% | -1.98% | |
48 Neutral | HK$29.15B | 17.35 | 5.16% | ― | 1992.61% | ― | |
46 Neutral | HK$1.48B | 4.35 | 0.07% | ― | -27.12% | ― | |
46 Neutral | HK$998.05M | -0.80 | -99.49% | ― | 22.37% | 20.18% | |
44 Neutral | HK$491.92M | -159.37 | -9.25% | ― | -66.98% | -115.16% |
GoFintech Innovation Limited Corporate Events
GoFintech Quantum Innovation Limited has called an extraordinary general meeting in Hong Kong for 16 March 2026, seeking shareholder approval for a series of artwork acquisition transactions. The resolution also aims to ratify and formalize broad authorization for the board of directors to execute all necessary documents and actions related to these acquisitions, indicating a strategic move to expand or diversify the company’s asset base through art investments and giving management wide discretion in implementation.
Shareholders are invited to vote in person or by proxy, with detailed procedures set out for appointing proxies and submitting proxy forms ahead of the meeting. The proposed approvals, if granted, will strengthen the board’s mandate to manage and adjust the artwork transactions in what it considers the best interests of the company and its shareholders, potentially affecting the firm’s capital allocation strategy and risk profile.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has again extended the long stop date for completing a planned subscription of new shares under its general mandate, marking the eighth such extension since the initial September 2025 agreement. The company and its subscribers have repeatedly amended the subscription agreements through arm’s length negotiations, now pushing the deadline beyond 20 February 2026 to allow more time to satisfy outstanding conditions precedent, underscoring delays in closing the capital-raising deal and prolonging uncertainty for investors over the timing of the expected funding.
The serial postponements highlight ongoing procedural or regulatory hurdles that must be cleared before completion, suggesting that while both sides remain committed, execution risk around the transaction has increased. For shareholders and potential subscribers, the extended timetable may affect expectations around the company’s near-term capital structure, liquidity planning, and pace of implementing any initiatives that depend on proceeds from the new share issuance.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited announced a further delay in sending a shareholder circular concerning its major transaction to acquire artworks. The circular, which will provide details of the artwork acquisitions, the notice of an extraordinary general meeting and other required information under Hong Kong listing rules, is now expected to be dispatched on or before 25 February 2026 instead of the previously indicated 20 February 2026.
The postponement indicates that additional time is needed to finalize information for shareholders, suggesting the transaction’s documentation and regulatory disclosures are still being refined. While the delay is relatively short, it may briefly defer investor clarity on the scope and terms of the artwork acquisitions, a deal that could affect the company’s asset mix and strategic positioning in alternative investments.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has issued a supplemental announcement to its annual report for the year ended 31 March 2025, clarifying terms of its Share Award Scheme in line with Hong Kong Listing Rules. The company states that a nominal payment of HK$1.00 is required upon application or acceptance of each Share Award, and that awarded shares will be issued at par value to a trustee using company resources, with no other changes to the previously published annual report.
The clarification indicates that the share awards effectively function as a low-cost equity incentive, reinforcing alignment between management, employees and shareholders without materially altering the firm’s disclosed financials. By confirming that all other elements of the 2025 report remain unchanged, GoFintech aims to address compliance and disclosure requirements while providing greater transparency around its employee and director incentive structure, which may be relevant to investors assessing potential dilution and governance practices.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has again extended the long stop date for completing its previously announced subscription of new shares under a general mandate, pushing the deadline to 20 February 2026 through a seventh supplemental agreement with the subscribers. The repeated extensions, driven by the need for additional time to satisfy conditions precedent, indicate that while the company and investors remain committed to the equity subscription, closing of this capital-raising exercise continues to face procedural delays, which may affect the timing of GoFintech’s planned financing and any related strategic initiatives.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has announced a further delay in sending a shareholder circular related to a major transaction involving the acquisition of artworks, pushing the expected despatch date from on or before 19 January 2026 to on or before 20 February 2026. The company cited the need for additional time to finalize certain information for inclusion in the circular, which will contain detailed terms of the artwork acquisitions and notice of an extraordinary general meeting, indicating that the timetable for shareholder approval and potential execution of this diversification move into artwork assets has been extended.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has once again extended the long stop date for the completion of a new share subscription under its general mandate, signing a sixth supplemental agreement with the subscribers to push the deadline to 29 January 2026. The repeated extensions, attributed to additional time needed to satisfy conditions precedent, indicate that the share subscription process remains incomplete but still active, with all other terms unchanged; shareholders and potential investors are advised that further updates will be provided in line with Hong Kong listing requirements.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has completed a connected transaction involving the capitalisation of shareholder loans into equity, issuing 458,769,789 new shares to lender and major shareholder Dr. Liu Zhiwei under a specific mandate at HK$1.28 per share. The HK$587.225 million consideration for these new shares was settled by offsetting an equivalent repayment amount owed by the group, reducing the company’s debt under the relevant loan agreements to HK$80 million and modestly diluting existing shareholders. Following the transaction, Dr. Liu’s stake increased from 17.49% to 21.46% of the enlarged share capital, while the total number of issued shares rose to 9,558,684,080, consolidating his position as the largest shareholder and reinforcing the company’s capital base without a cash outlay.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has announced a further delay in sending a shareholder circular related to its major transaction for the acquisition of artworks, pushing the expected despatch date from on or before 19 December 2025 to on or before 19 January 2026 to allow more time to finalise the information to be included. The postponement means shareholders will have to wait longer for detailed disclosures and the notice of the extraordinary general meeting required to approve the artwork acquisitions, potentially extending the timeline for execution of this diversification move and signalling that the transaction remains in progress but not yet ready for formal consideration by investors.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has again extended the long stop date for completing a previously announced share subscription under its general mandate, reflecting ongoing delays in satisfying the conditions precedent agreed with subscribers. Following a series of prior extensions from September through December 2025, the company and its subscribers have now signed a fifth supplemental agreement pushing the deadline to 8 January 2026, while keeping all other terms of the subscription unchanged, and the company has committed to keep shareholders and potential investors updated on further developments.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited announced the successful approval of its Loan Capitalisation Agreement and associated transactions during its extraordinary general meeting held on December 17, 2025. The resolution, overwhelmingly supported by shareholders, aims to bolster the company’s financial structure and operational strategies, demonstrating its commitment to advancing shareholder value and enhancing market positioning in the fintech industry.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.